Considering this week’s generally positive drift in rates, we shouldn’t expect lenders to get less busy any time soon. In recent weeks, there’s been a…
Home Refinancing is Easy
Mortgage rates didn’t do much today. The average lender was effectively unchanged from yesterday. The same could be said yesterday, and the day before that,…
Fannie Mae and Freddie Mac are the two government sponsored agencies that guarantee timely payment of principal and interest to the investors who front the…
Mortgage rates are most influenced by the bond market and the bond market is most influenced by the Federal Reserve (aka “The Fed”). So when…
Yesterday’s policy announcement from the Federal Reserve had a chance to cause significant volatility for the bond market and the bond market is the chief…
What will the Fed do to mortgage rates? This is actually a bit of a trick question. The Fed doesn’t set mortgage rates. The Fed’s…
If you’re in the mortgage process currently or if you will be soon, there is a tremendously important development to be aware of. The net…
It’s Thursday and thus time, once again, for the weekly mortgage rate survey from Freddie Mac. News organizations and even some bond market strategists (sadly)…
Mortgage rates haven’t moved much so far this week and they were surprisingly steady at the end of last week despite volatility in the underlying…
Almost everywhere you look, low mortgage rates are in the news. Experts are claiming they’ll remain low or move lower for years to come. They might be…